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Rallis India, a Tata enterprise, on Thursday reported a 4 per cent growth in its profit after tax at Rs 102 crore during the quarter ended September 2025, compared to the same period of the previous year. The company's PAT (profit after tax) stood at Rs 98 crore in the corresponding quarter last year, Rallis India said in a regulatory filing. During the reporting quarter, the company recorded a 7 per cent decline in revenue at Rs 861 crore compared to Rs 928 crore in the same period of the previous fiscal, mainly due to erratic and prolonged rains in several parts of the country that impacted field activities and spray applications. "The second quarter was challenging due to prolonged rains which impacted field activities and product placement. Despite these headwinds, our profitability remained stable, supported by export momentum, prudent cost management, and improved margins in the seeds business. Our strong balance sheet, zero external debt and healthy cash position underscore o
ICICI Lombard General Insurance on Tuesday reported 29 per cent growth in profit after tax at Rs 747 crore for the first quarter of the current fiscal. The private sector insurer had a profit after tax (PAT) of Rs 580 crore in the April-June period of 2024-25 fiscal year. Total income rose to Rs 6,083 crore during the June quarter FY26, from Rs 5,352 crore a year ago. Gross written premium was higher at Rs 8,053 crore as against Rs 7,931 crore in the year-ago period. Shares of ICICI Lombard closed at Rs 2,001.05, down 0.97 per cent over previous close on BSE.
HDFC Bank is confident of growing its advances on par with the industry in the current financial year and exceeding it next year, Managing Director & Chief Executive Officer Sashidhar Jagdishan said in a message to stakeholders. Jagdishan, in his message published in the bank's annual report, said the results of FY25 represented the first full year of operation since the merger on July 1, 2023. He said that in the last financial year, the bank reported healthy growth while maintaining pristine asset quality, which has been its USP across business cycles. Net profit increased by 10.7 per cent to Rs 67,347.4 crore in March 2025, while net interest income grew by 13 per cent. "Your Bank's balance sheet rose by over 8 per cent to Rs 39,10,199 crore. Gross NPAs were at 1.33 per cent of Gross Advances. Advances grew by 5.4 per cent to Rs 26,19,609 crore while deposits grew 14.1 per cent to Rs 27,14,715 crore," Jagdishan said. As is evident, he said the bank's deposits grew 2.5 times ...
Indian Energy Exchange (IEX) on Thursday posted a rise of over 21 per cent in consolidated net profit to Rs 117.11 crore in March quarter of FY25 compared to a year ago, mainly on the back of higher revenues. It had reported a consolidated net profit of Rs 96.68 crore in the quarter ended on March 31, 2024, a regulatory filing showed. Total income in the reporting quarter rose to Rs 174.59 crore from Rs 149.28 in the same period year ago. During the 2024-25 fiscal, the consolidated net profit of the company rose to Rs 429.16 crore compared to Rs 350.78 crore in the preceding financial year. Total income in the fiscal rose to Rs 657.36 crore from Rs 550.84 crore in 2023-24. The board of directors has recommended the final dividend of Rs 1.50 per equity share having a face value of Re one each for the financial year ended March 2025. The board has fixed May 16, 2025 as the 'record date' to ascertain the eligibility of shareholders for payment of final dividend, it said. The final